Macy’s Inc. Stock Jumps on News of Possible Real Estate Deals

New York—With the news that it will be closing stores, cutting jobs and lowering its forecast, Macy’s Inc.’s stock had been taking a beating. Today, it rose as much as 5.6% in early trading upon the news that Greenlight Capital took a stake in the retailer. The news continued with speculation that a private equity […]

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